Table of Contents:
Laws on investment/ export/ intentional business4
Human Rights in the Work Force6
Type of Tax System:9
Natural economic resources11
Trade sectors and distribution channels11
Stability of currency 13
GDP by sector14
Importing partners and Products16
Exporting Partners and producers16
Stability of economy18
Labour Force by Occupation/sector20
Laws on investment/ export/ international business
Investment business is controlled by the Financial Services Act 1986 and related legislation, including the Insurance Companies' Act 1982 and the Banking
Act 1997. These acts protect investors from fraud and restrict investment advertising as well as regulating investments from non EU citizens. The organization is called the FIR.
Exporting is highly encouraged in the UK because it is the main source of income for almost all citizens.
Import Duty is usually percentage based. It averages at between about 5% and 9% - but with extremes in some cases between nil and 85%.
Certain categories of goods may require an export licence from the Department of Trade and Industry. The main purpose of export control is to prevent the proliferation of nuclear, chemical and biological weapons and missile delivery systems.
The graph below indicates how much the UK owns abroad. When you look at the GDP which is $1.47 trillion USD and the GDP/Capita which is $24,700 USD you can see that the UK has a high standard of living. Foreign ownership also leads to an increase in foreign money added to the United Kingdom's GDP. This is largely in part to colonisation. For example, in Canada the United Kingdom operates over 1 billion dollars worth of industries and...